That would make even solar power acquired through the new Large Renewable Procurement (LRP) process competitive with nuclear.

And, of course, solar and wind companies are on the hook for any cost overruns on their projects, unlike OPG which expects provincial electricity ratepayers and taxpayers to still pick up the tab for its inevitable cost overruns.

Also, renewable energy costs are projected to continue to fall rapidly so by the time the IESO undertakes its next LRP round a year from now, we will likely see even greater savings over costly and slow nuclear re-build projects.

In fact, what the current LRP round has told us is that the Ontario government should be steering toward the off ramps for nuclear re-build projects as quickly as possible given the astonishing – and continuing — decline in green energy prices.

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About the Ontario Clean Air Alliance –

The Ontario Clean Air Alliance (OCAA), established in 1997, is a coalition of individuals and approximately 90 organizations (health and environmental organizations, faith communities, municipalities, utilities, unions and corporations) that represent over six million Ontarians